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Search Results 0 to 4 of about 5 (some duplicates have been removed)
ABC
Jul 10, 2011 10:00am EDT
. >>> plus the shocking scandal shaking britain and threatening rupert murdock's media empire. >> announcer: live from the newseum in washington, "this week" with christiane amanpour starts right now. >>> welcome to the program, lots to get to today. but first some major news in the high-stakes negotiations over raising the debt ceiling. late last night house speaker john boehner abruptly reversed course and abandoned the debt effort to strike a sweeping $4 illion debt reduction deal with president obama. boehner is pushing for a scaled package, a move that received stiff oh position from the democrats, all of this hours before the speaker and president meet face-to-face a new round of talks. abc's jonathan karl joins us with more. where do things stand heading into tonight's meeting. >> reporter: a compromise that would have dealt with the debt crisis is dead but there's major negotiation to be done. le federal government is three week as way of hitting the limit how much money it's allowed to borrow. even without the profit spekt of crafting this big, grand compromise, the p
ABC
Jul 24, 2011 8:00am PDT
murdoch crisis. >> thank you. >> the prime minister of great britain has said that james murdoch has to come before parliament again and clarify statementsts how serious an issue is this being taken at your network? >> well, it's -- you know, it's a story. we've been covering it a lot. thank god i cover wall street and don't have to report on my boss. but here's the thing. if you look at this from a purely business standpoint, you know, i think the stock fell to $1 a share. 19 was the high. after rupert murdoch spoke, it went up to $17 a share. when they heard his explanation, they believed him. confidence was returning back. i watch a lot of corporate executives go before congress and similar panels and they flub it. you know, they lose confidence in the market and wall street and that did not happen this time. >> the cover of fox and "the wall street journal" has been embarrassing for journalism. >> we've been covering it -- >> i i"the wall street journal," forget fox, nobody really expects fox to do -- >> fox has been covering this very seriously, arianna. >> "the wall street journal
Search Results 0 to 4 of about 5 (some duplicates have been removed)